The US Federal Reserve may not need to raise interest rates to combat inflation, despite previously indicating the opposite. The central bank will make the decision during the June 13-14 policy meeting, with data on jobs and inflation, plus comments from the public and analysts to help form its decision. Employment rates have been deemed unsustainably high, whilst the rate of monthly job creation is expected to slow or even become negative in order to reduce inflation; however, a strong April employment report could weaken the case for a rate pause.
